Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

ADB approves $200m for Pakistan to develop irrigation system

byCT Report
15/12/2021
in Breaking News, Business, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: The Asian Development Bank (ADB) approved a $200 million loan for the development of an irrigation system in Punjab province in Pakistan that will help increase agricultural productivity and enhance food security.

According to a statement issued by the Manilla-based financial institution, the project loan, which is denominated in Japanese yen, will finance the construction of the second branch or Choubara system of the Greater Thal Canal irrigation scheme.

You might also like

Ogra allows Cnergyico to export 40,000 tonnes furnace oil in April as surplus builds

25/04/2026
FILE PHOTO: Shipping containers are unloaded from ships at a container terminal at the Port of Long Beach-Port of Los Angeles complex, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, U.S., April 7, 2021. REUTERS/Lucy Nicholson

3,000 Iran-bound containers stranded at Karachi port as Hormuz tensions disrupt shipping

25/04/2026

“The scheme will provide reliable irrigation water supply to 704,000 hectares of land in Bhakkar, Jhang, Khushab, Layyah, and Muzaffargarh districts, making them more agriculturally productive,” it said.

“Given Pakistan’s vulnerability to the impacts of climate change, it is essential to build irrigation infrastructure for climate-resilient and sustainable agriculture,” said ADB Director General for Central and West Asia Yevgeniy Zhukov.

“ADB’s support will help boost the supply of local produce and promote food security while increasing economic growth.”

Punjab is the main source of food production for Pakistan’s growing population, producing a significant portion of the country’s wheat, rice, sugarcane, and maize. Because of Pakistan’s semi-arid climate, agricultural production is highly dependent on irrigation.

Yet, irrigation efficiency remains low due to water shortages, land degradation, and mismanagement of water resources.

“By integrating infrastructure and agricultural interventions, this project directly supports smallholder farmers to manage their limited resources more efficiently and maximize the benefits from irrigated agriculture,” said ADB Principal Portfolio Management Specialist Natsuko Totsuka.

“The project will strengthen the capacity of local authorities to maintain these irrigation systems, boost rural economic growth and help to reduce poverty in the province.”

Related Stories

Ogra allows Cnergyico to export 40,000 tonnes furnace oil in April as surplus builds

byCT Report
25/04/2026

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has approved export of up to 40,000 metric tonnes of furnace oil for...

FILE PHOTO: Shipping containers are unloaded from ships at a container terminal at the Port of Long Beach-Port of Los Angeles complex, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, U.S., April 7, 2021. REUTERS/Lucy Nicholson

3,000 Iran-bound containers stranded at Karachi port as Hormuz tensions disrupt shipping

byCT Report
25/04/2026

KARACHI: Around 3,000 containers destined for Iran remain stranded at Karachi port as vessels scheduled to collect them have failed...

FPCCI to offer tax reform roadmap to help FBR meet revenue targets

byCT Report
25/04/2026

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry has announced plans to provide strategic guidelines to the Federal...

Pakistan moves to empower women and microenterprises through SMEDA-PIFD partnership

byCT Report
25/04/2026

LAHORE: The Government of Pakistan has reiterated its commitment to strengthening women empowerment and expanding microenterprise development as key drivers...

Next Post

POS system: FBR to distribute prizes worth Rs53m every month

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.